
Cheap Student Apartments for Rent in Champaign, IL from $450 (191 Rentals)
Student Housing Options in Champaign.
Cheap Apartments in Champaign.


The Mansion

705 S 1st St

Pfeffer Apartments - NOW LEASING AUGUST 2027

410 E. Green St by Bankier Apartments

202 E. Green St by Bankier Apartments

Total Monthly Price
Castle Property Services

Total Monthly Price
1009 S 2nd St - Private Rooms Available

Smile Student Living - 615 S Wright

Total Monthly Price
132 E University
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Total Monthly Price
West Quad

512 E Green

Garden Court

Legacy202

Lancaster Apartments

Maywood Apartments

Carisbrooke Apartments

Burnham 310

Colonial Village

BRAND NEW The Station @ 505 S Fifth
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

509 E. Green St by Bankier Apartments

Total Monthly Price
110 E John St.

Total Monthly Price
Seven07

Midtown Center

THE ALCOVE @ SECOND & JOHN

611 W University Ave

The Dean Campustown

905 South Locust Street

706 S Locust St

Smith Apartments @ 1004 South Locust
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

305JOH

622 W Healey St

59JOH

The Gardens at 304 E Clark

506 E. White Champaign

Smith Apartments @ 201 East Armory

Woodcrest

312 E White St

607 W Green St

502 E White St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Smith Apartments @ 58 East Armory

207 S Fifth

Clark Street Studios

205 E. Green

1106 Euclid St

306 E Clark St

1005 S 1st St

108 S 4th St

806 S 3rd St

Chalmers Manor
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Champaign, IL Local Guide

How much does it cost to rent an apartment in Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Champaign Studio Apartments | $1,573 | $450 | $2,470 |
| Champaign 1 Bedroom Apartments | $1,301 | $533 | $2,036 |
| Champaign 2 Bedroom Apartments | $1,471 | $450 | $2,787 |
| Champaign 3 Bedroom Apartments | $1,474 | $714 | $2,700 |
| Champaign 4 Bedroom Apartments | $1,382 | $637 | $3,300 |
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Champaign, IL Local Guide
- Champaign Neighborhoods
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Champaign, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Westview Elementary School
Centennial High School
Jefferson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Champaign, IL Rentals by Map
See the most popular apartments and homes in Champaign, IL
Frequently Asked Questions about Cheap Champaign Apartments
What is a cheap apartment in Champaign?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Champaign is under $650.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is Parker Glen which is listed at $533, while the average apartment in Champaign costs $1,303.
What types of apartments are the cheapest in Champaign?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 118 regular apartments in Champaign that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Champaign?
Cheap apartments in Champaign have an average cost of $1,147 which is $156 cheaper than the average rent for all rentals in Champaign.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.